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Korean Markets Hold Gains
After IMF Accelerates Aid

Despite persistent fears that many debt-ridden companies will fold in the weeks ahead, South Korea's benchmark stock index closed up Saturday, if only slightly.

An announcement that housing giant Chong Gu Group filed for special court protection after defaulting on $9.9 million in maturing debts led to a sharp drop early in the session. But, after Friday's 23.7-point rise, or 6.7%, the benchmark index rebounded to finish the...